Scheme
Monthly Income Scheme
The society offers various types of monthly income schemes for different maturity periods at attractive interest rates.
Highlights
- Deposit (interest) up to 12% p.a.
- Earn interest on your fixed deposit up to 12% p.a.
- No TDS; nomination facility available
- Automatic SMS for all transactions
Pre-mature payment not allowed.
Payout table
Monthly income on fixed deposit for ₹1,00,000.
Reference table as per scheme details (payouts shown per month).
Deposit
Months
General
Sr. citizens & women
₹1,00,000
12
9.5% (₹785)
10% (₹827)
₹1,00,000
24
10.0% (₹827)
10.5% (₹868)
₹1,00,000
36
10.5% (₹868)
11.0% (₹910)
₹1,00,000
48
10.5% (₹868)
11.0% (₹910)
₹1,00,000
60
11.0% (₹910)
12.0% (₹1000)
Rules
- Pre-mature payment not allowed.
- No TDS.
- Nomination facility available.
- Automatic SMS for all transactions in the account.
Talk to us
- We’ll confirm eligibility and current payout details.
- Call: +91-8555932585
- Email: info@mahacooperative.com
Explore more
Other schemes.
Savings Account
Flexible deposits and withdrawals, 4% interest on average daily balance.
View details